‘I’m glad he’s gone’: Woolworths CEO is ‘so arrogant’
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- Опубликовано: 5 июн 2024
- Outgoing Woolworths CEO Brad Banducci is “so arrogant”, says GXO Strategies Director Cameron Milner.
Mr Milner branded the CEO’s interview with the ABC’s Four Corners a “trainwreck”.
“He wants to take Woolworths woke while he’s celebrating his customers going broke,” he told Sky News host Andrew Bolt.
“On the day of the gouging inquiry was announced went out and cancelled Australia Day.
“I’m glad he’s gone.”
That's what happens when you mix woke politics and cancel Australia Day !!! Bloody galah
It had more to do with them ripping everyone off with their pricing tbh
Woolworths has a very toxic culture. He was definitely the queen of it.
Woolworths should get rid of the Aboriginal advisory committee they consult with.
And guess who sits on this committee?
Ex AFL footballer & victim merchant, Adam Goodes.
I worked at Woolies got the sack for not having the jab but worse than that had an aboriginal girl working there that constantly told the mgr to get f%#ked and called him a C&@t and nothing was done about it. Yet I saw staff be 5 mins late to their shift and get docked 15min in their pay. Stop bending over backwards to these people. Rules are for everyone
waste $$$ on these NONE OF BUSINESS GROUP!!!
Woolworths have been doing this shite for years and years, time to boycott forever
I haven't set foot in a Wokeworths since Australia Day.
I wanna see the boss get rid of shitty fresh convenience managers that tell their workers off for no reason
i refuse to shop there, they are a complete rip off.
yep - Cheese $11 at woolies used to be $6
Retailors= EVEN WORSE
There's no place for corporations to push political agendas. We're sick of woke Woolworths 👎
I won't touch woollies again because they were anti Australia day
The grocery store is the last place in the world that people want to be lectured about politics
Australians all let us rejoice ...... for he is woke and we are free ....
Yes I agree with you
We are broke and free ....
Unfortunately, we are far from being free. The woke rot has set its roots everywhere. This is just a small win in a much larger battle.
Doesn’t scan
The thing with these big bosses these days they are not the humble general manager of years gone by. Once upon a time a big boss of a supermarket chain would be Mr Average living in your street in a same 3 bedroom fibro home like you lived in. You'd greet him of a morning as you both rode the bus to work. Mr Average would be dressed in a suit and tie and earned a reasonable salary for the position he held, he was just like you and me. Nope, not today. Mr Average is long gone. Today's big boss is not humble. He is not your next door neighbour that'll ride a bus or train to work, he is so far removed from the simple life that he cares zero for the average person. He has money, too much money. He has authority, too much authority ... he doesn't care about the customer or client, he has to make profit, lots of profit, his only reason to exist.
One of the best comments so far!
Well said !!
Still not shopping there
Wouldn't even want him running the local IGA let alone a national brand. What a relief to Woolies staff they didn't deserve this clown.
I wouldn't want him to clean public toilets .
No offense to cleaners they are a essential worker 😀
CEOs do what their Boards tell them. I'm not defending Brad, but I bet there will be very little change under a new CEO.
Poor guy has taken his golden parachute and buggered off
They will replace with another blackrock/wef puppet
Exactly
Literally already named the replacement. Don't you read the news??
Sociopathic trait is common in many leadership roles in Australia.
It is becoming very problematic both culturally and in ethical standard .
They have all learned from our sociopathic dictators. Andrews ,Patten .and Cornelius. Those work the task masters. 😮
It's so funny how they spent millions on the voice campaign and even had announcements over the speakers telling people to support the yes campaign and then a few months later they pull Australia day memorabilia and then claim to be food based, when at the same time they stocked up with Chinese new year memorabilia and sold disgusting fruit and vegetables which would've been lucky to last more than a couple of days! Yet they still raised the prices of their fruit and vegetables for the Australia day weekend, even though the quality wasn't there! Not to mention they've lost at least 5 suppliers of their fruit and vegetables due to their mistreatment of the suppliers since December! These days if you're a new farmer you'd be stupid to start a contract with Coles and Woolworths, you're literally signing your life away and throwing yourself into a world of despair and depression! Also a notable mention is the fact my local store made 2 million dollars Christmas week, the manager's all received bonuses, the fruit and veg manager received a couple thousand dollars alone yet the regular workers received leftover roasts from the bain marie accompanied with a couple of woolworths brand salads!
Woolies and coles to a lesser extent do not support Australian producers.
Most of their products are poor quality, imported at high prices
They're both the same.
@rogueelement8831 correct not much difference just like the lib/labor uniparty
@@ricky6864 Yes, nothing will ever change unless these two parties are turned to dust.
Everyone I speak to who has lived overseas tells me the quality of food in Australia is significantly better than anywhere else they've lived.
@@listey good quality food here of you go to your local butcher, green grocers etc...
Will pensioners get a pay rise? We are struggling just to pay a power bill and rent on the pension, let alone eat and have water. I can’t remember the last time I had any spare cash to go to a movie or even have a cup of coffee and a piece of cake in a cafe!
COL in CBD has a cup of hot coffee in reasonable
I'd like to buy you some movie tickets and a night out dining!
Bet he didnt see this coming! 😂
It's us as consumers to choose where to shop, I use, a butcher, a bakery, a fruit/veg shop for the bulk of my shopping. Woolworth/Coles only used when necessary. If we all did that, butchers/bakeries/fruit and veg shops wouldn't shut. I'm not stupid enough to realise that cost/convenience means the big 2 take the majority share of money.
A little hard when you live on the poverty line, those stores all charge above 25% more for their produce than the grocery super chain does.
This is a problem the working australians have created by letting it happen. The arrogance of thinking their dollars didnt do this and the CEO is solely responsible is why our country is a third world compared to the other nations we so closely tie ourselves to.
@@Rexhunterj , I agree with your statement, life is very hard for so many right now.
Need more supermarket chains in Australia and take advantage from the big two they are just grabs
Woolworthless .
Now, to get Coles sorted out. Stop making us feel like criminals when we shop. Coles is militant on how they demand we scan items. Too few open checkouts, and then you think yoy get to control the world on how things are scanned. But no, you want me to do your job, then you assume to dictate crap. You ask whether I am buying products because heaven forbid I'm buying for someone else and need to pay separately. I will not longer shop with Coles or Woolworths at all. Their arrogant attitude is beyond the pale. How they treat their staff and suppliers is revolting.
Love listening to these 3 guys. Glad the CEO Woolies is gone
Charging premium, no bags so uncomfortable to carry groceries, self service instead of customer service
Michael is correct - the wokeness cannot dissipate while DEI continues on - and DEI won't DIE until ESG is eliminated. The Board must be replaced, but also it's HR department and marketing arm - strip it back to its core operations and re-build from there; and those changes will never happen, things will go "underground" for a while until the bad smell has gone from their "image" and then re-emerge; expect them to be back on the woke bandwagon probably from the start of the next fiscal year.
We need a vince type CEO someone who has a proven track record of being a grandpa
Now that I can afford it, I always shop at my local IGA and go out of my way to go to my butcher's and baker... It's definitely 30% more expensive, but I get waaaay better service and products.
It's not something I could always afford to do and boy do I understand what it's like to live below the poverty line. But if you can afford it and you don't: you're a huge part of the problem.
Arrogant the woman from Cole’s left him in the dust in that regard
She turned out to be a liar as well, if she truly doesn't know the meaning of colesworth, she's either unconnected to her job or a liar,
She needs to go too, she isnt any better
Went to Woolworths the other night.. got half a bag of food and like it was over $65.00!! Like I know how they have made billions in profit!! The problem now is they have raised their prices to maximize on profits so why the heck would they like ever lower them and receive less profits?? No one can complete properly with ColesWorths!!
So does that mean the prices in the stores will go down now.
😂😂💀
I personally abandoned both the Woolies & Coles cartel food duopoly years ago (even before covid) in favour my local independent family owned store where the man who runs the store owns the store with friendly “happy” team members and a personalised customer experience and never looked back or even set foot in or near a Coles or Woolies owned business (fuel or alcohol)
Yea, the price gouging needs to stop, but more than that, the self checkout needs to stop accusing me of stealing.
WTF is that bullshit?
Great work you guys do 👍👍👍
Go woke go broke.
I default to Coles. I'll still go to Woolies if there is a bargain, but I just seem to default to Coles now. Can't see that changing in the future, especially if Coles keeps checkouts open. Face to face checkout is kind of what Australia Day is about - meeting people and being friendly.
Nothing will change.
I have worked in a company (Cellarmasters) both with Brad and the upcoming new CEO (Amanda) at the helm and I would easily prefer Brad based on what I saw of them.
I can definitely say Brad cared about staff and people. Amanda cared about the bottom line even at the expense of loyal customers.
Who the better CEO is, from a shareholders perspective, may be another question.
Just my 2 cents
Wow that was a very interesting story
Costa clearly not even hiding how much he want the real life role of Dr Evil any longer
Good riddens, Bradford. You failed to read the room so many times
He was all about sales and profit at the expense of the customer and his staff.
But what struck me me was when he said, he retired , glanced at him like he was saying something very germane, something the interviewer should've known , something that made brad the really smart man......what struck me as odd was, who's telling this guy he is the smartest man in the room, that his s.... don't stink...that he's a leader without comparison, who?
His origin country produces a lot of arrogant people. As do most countries, but his punches above its weight, just saying !
He picked up his marbles and ran home to mummy.
As an ex-South African I am totally ashamed and embarrassed by Brad Banducci. He of all people should know the struggles people go through in life, or maybe he has forgotten and his entitled lifestyle has gone to his head. Shame on you Brad!!!!
No one's normal in Australia anymore.
Brad should grow a spine rather than give in to woke agendas
How about other Supermarkets, they too are very expensive...!
Lets do Coles next and see what she has to say about not paying their customers back over price hiking products that they stated was locked and still has not given customers their money back. What even funnier is that those few who got their money reimbursed, was only through frequent flyer points. Sounds fair!!.
Lesser of evils .
Will chose Coles over Wow .
Bring on the senate enquiry I think Cole's is just bad if not worse ,,,
@@user-pn9lb8sr2p Coles is slightly cheaper though isn't it ?
@@user-pn9lb8sr2p To be fair isn't Coles a tad cheaper ?
@@user-pn9lb8sr2p I totally agree. How embarrassing does it feel to monitored when going through the self check outs. The other day I went through Big W before Coles, and after paying, had to go through there new security you know where they press a button to let you out. The beeper when off and I didn't have the docket from Big W, and the Coles Mafia staff started questioning me about the Big W products, I told them to scan them to check and they said next time keep the docket because there thief's, I thought. I said $10 for a 2 litre tun of ice cream, who's the real thief??
I saw today a packet of Shapes Biscuits for $5., what the hell man. I thought having women in corporate CEO positions was going to change the world for the better, instead corporate greed continues under the disillusion of diversity.
Did you see how much he gets when Paid out. $980 Million including his Shares. Thats Our Money.
Exit Banducci. Profits are tanking at Wokeworths.
" Profits are tanking at Wokeworths." - Ha..wokeworths, thats incredibly clever..i see what you did there..They are woke because they didnt stock items made in china that no one bought - its hilarious.
And how astute of you to let us know profits are tanking at woolies - and they are if you ignore their close to 5% profit increase in grocery sales, 23% increase in online sales and just look at their write downs on foodland in New Zealand, a write down that means they do not have to pay tax on their profits because they have made a 'loss' on paper.
How does a wage rise of 0.1% even make the news? Isn't that $1 in a thousand? So on a wage of $50,000 it's an increase of $50 a year? Ooh, wow - big news there ...
He hasn't finished work yet the change over happens on September 1st. And secondly I've had a complete gut full of people beating up a good retail chain such as Woolies. The employee's cop nothing but abuse from customers they should have and show more respect to them whether it's the checkout team or the Fruit and Veg team they'd expect the same respect and manners in return for what they give the customers respect is a two way street
I would suspect i am 1 of many thousands of Australians that no longer shop at woolworths stores or affiliated retailers such as BWS or their hotels any fuel supplier they collude with.
My Opinion - Never forget how effective the ABC Four Corners program is as an influencer in Australian public life.
Will the LNP oppose a change to competition policy!
we need not cancel australia day
I don't understand why he walked out ., why was it a heated conversation?
He said something that wasn't going to be edited out of the interview, so he realised he fked up and looked for an exit.
The problem with Brad was he was full of his own self importance and was cordoned off in a bubble away from the real world. Playing for applause from the fickle woke crowd was the death knell. Other CEO should consider the risks of woke virtue signalling much more carefully in the future.
With Coles and Woolies just ignore the full price. Everyday items are 40 or 50% of every second or third week. Who pays full price for Twinnings teabags?
If they brought back actual checkouts. Always look at what has changed when things go astray. Instead of large entry and exit points, having registers back would help lower people just walking in and out freely instead having to be stopped at an actual register
If the former CEO of Woolworths has done something wrong hold him accountable, you can't just say I retire and think you have got away with it, is the law that weak, and the government allows this. So does this mean you can kill your workers then retire and you are no longer accountable, if you break the law, which he has, he must be charged and certainly get no pay out, over $24 000 000, for destroying a company .
I hate woolworths and it's price gouging... but who cares about not selling aus products on Australia day
Not sticking up for Brad at all.... but all they are focusing on is him.... yes, it was a bad comment, yes he walked out on the interview....
But lets also focus on the fact that Coles were caught out overcharging people on items that were still in price lock.... 20 items actually..... and the coles dark store.... the staff are working in 35 degrees inside.... the CEO said they take priority in their staff safety.... so what did they do... oh they gave them all cooling neck scarves.... so they can keep picking items at a rate of 180 items per hour. Geez.... thanks..... And people that weren't picking at the 180 item rate, their names were displayed in red on a list on the wall for everyone to see.... talk about name and shame....
And the poor cherry farm worker who was forced to get out of the supplier business by Coles, have we all forgotten about him? Lets look at the whole picture guys......
You have people like him in every corner
And some people think this is news, what a disgrace!
We can blame them and winge etc . End of the day its up to us to support the right people . I realise people are time poor and its mainly a convenience thing . But i encourage you all to at least find a decent butcher and or fruit veg shop and give them your money instead . Eat healthier and make them change their ways
The current enquiries into supermarket prices should also include the shrinkflation and skimpflation of products. There really needs to be more transparency around the shrinking portion sizes, yet the prices are more than the previous larger packs. It isn't just about the price on the shelf, but the size of the product as well. I have not shopped at Woolworths since we'll before Australia Day and won't ever again. I also buy my meat at the local butcher, vegetables from side of the road stalls when I can and use Costco for some items. With 65% market share, Coles and Woolies should be much more transparent. Perhaps when a retailer has more than X% market share legislation should ensure there are audits with suppliers to ensure fairness and anti-gouging. Just ask the dairy farmers and small independent hardware stores for guidance. Oh wait, they don't exist any more.
Hurray !
Hard to think he is suffering with his annual salary and golden hand shake. He isn't going to give us Australian plebs another thought as he heads off to the next W E. F posting.
Smoke and mirrors. What should have happened 40 years ago was to censure woolies and Coles for anti competitive pricing. The duopoly is the real problem, it’s a problem we have in many sectors. Free markets work when there are free and fair markets without cronyism . Woolies selling veg at 90% off to close out an independent across the road is unfair. We make rules for sport so school kids are not made to play against professionals, so why not help combat unfair practices. ACCC should have focused on competition in the first place, now what we have is an attempt to force the two major players to reduce prices. We know how that will really end, if the duopoly is forced to reveal pricing,. It will and we will end up with unintended consequences and it will most likely force prices up. Make it easier for others to compete, reduce regulation. Create incentives for others to enter the market.
this govt is against small businesses and makes it as difficult as possible, hoping that small businesses give up and close down so that there is only a handful of multinationals that control Aust.
Competition watchdog dont go hard on ceos who make loses. I think this guy is a scapegoat. He may be a socialist. Quick get him ...
All that money invested in survalence stuff. Be better spent on bring back the registers. That coat surely increases the cost of foods
Yet they put Chinese new year items on the shelf.
Put actual people on the checkouts
Look at the actual hours of staff employed. You can still have say 1000 employees, but have the actual hours of work dropped. But the number of emoyees remain the same...mmmm
I’m a confirmed capitalist, but when profits are placed over people………
The coles lady next
Weird comment
I'll believe Woolies (and Coles) has changed when it stops having just a single token White person in its advertisements.
Another woke, out of touch business which has lost customers and achieved a soft share price.
I wonder if he is regretting quitting his job now that he has probably gotten over his immature little tantrum.
Someone should look at who are the largest shareholders of both Coles and woolworths, it is the same companies that all lead to one company and if I read it correct they own the same % in both coles and woolworths
Forced out 100% ,,, ha ha ha he will remember Australia Day for the rest of his life,,, Karma that's what he got for disrespecting all the Australian people, he should leave today.
He still walks out with a MASSIVE pay packet. He'll never have to work in his life. Govt will sit on their @r53 and protect their CxO level mates and their back pockets at our expense.
yea, maybe you should look into who are the people on the board of Woolworth's, they and the shareholders are equally to blame for picking a sociopath who'll make them a lot of money, and take it from the customers. Let's see who is the next CEO, a new face but with the same nature?
Remember Super Funds and accountants drive the behaviour.
Mate was it woke to criticise TUCKER
These companies always replace CEO's every 3-5 years. Hell even Bolt says he benefitted the shareholders which makes him an effective CEO.
It's really a nothing story, there is no barrier to entry for other supermarkets as Coles/Woolies strangle their suppliers to where if they even looked elsewhere they'd be out of business.
The whole Australia Day stuff is minimal as all those products are made in China anyway, the shares fell for all markets at that stage of the year before bouncing back.
The main reason Aldi succeeds is that most of their suppliers are in house and rotated reguarly to maximise profits off of a smaller range with less employees
The anti labour digs in this private market based story are hypocritical since Sky News are massive proponents for "free market" and privatisation in general
Yep agree. A man in his late 50s retiring is not at all surprising. They've been recruiting for a replacement for over 6 months and already named his successor so it's fair to say this isn't a knee-jerk reaction. Hilarious the journalists slapping themselves on the back 😂😂
Nice try, still yeah nah, damage is done.
Woollies lost me yrs ago.
How is Michael Costa relevant?
Next!
Not as arrogant as that Coles C.E.O.
more plain stupid than arrogant
He can shuffle off back to a not-so-woke South Africa
Funny old thing the uk had a Woolworth's and was nothing to do with the Australian one, It diapered from the uk high street in between 2008-9 and might be coming in back in 2024(don't hold your breath) so all together "that's the wonder of Woolworths that's the wonder of good old Woolies"😁
Diapered?
i think woolworth ceo need retire andrew bolt
LOL.. Andrew Bolt calling someone else arrogant. That's a laugh.
The “white media “ in Australia
True dat.
I will miss you brad from kiara
i support woolworth ceo resign
looking after shareholderss is not "woke", stop trying to be American
😂